Investors, especially on the corporate front, are considering gold as a safe investment, particularly given the systematic upward trend that it is showing," said Sajith Kumar, Chief Executive and Director of JRG International Brokerage at the Dubai Multi Commodities Centre (DMCC).

The upward trend in tourist arrivals to Cyprus is confirmed by the data regarding June, which show an increase of 53% compared with June 2009, thus uplifting Russian contribution to Cyprus tourism to 9.

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